Israel is preparing to demand compensation totaling a reported $250 billion from seven Arab countries and Iran for property and assets left behind by Jews who were forced to flee those countries following the establishment of the State of Israel. “The time has come to correct the historic injustice of the pogroms (against Jews) in seven Arab countries and Iran, and to restore, to hundreds of thousands of Jews who lost their property, what is rightfully theirs,” Israel’s Minister for Social Equality, Gila Gamliel, who is coordinating the Israeli government’s handling of the issue, said Saturday. READ MORE